Ridiculous: German Crypto Con Man Receives Only 39-Months Prison Time! No Restitution Payments!
He is considered to be the most famous crypto con man in Germany. Joerg Molt, who for years posed as a "Bitcoin Co-Founder," was charged with embezzlement and fraud in 262 cases and sentenced by the competent court to 39 months in prison for embezzlement. The victims are stunned by the lenient sentence. He is alleged to have embezzled at least 80 BTC, equivalent to around €1.4 million. The court could not establish the fraud beyond reasonable doubt and acquitted him in this regard.